nick: still a good week. jim: he would love to be able to go back and get a second go at i don't know how many eight to 10-footers we have seen him miss this week. nick: even insi that. his putting is one of his strongest points. maybe watch this man in the next couple of weeks. jim: jacobson for a round of 71. some of the stories this year that we have in all of our events, we have the yang win, the brian gay's emergence, stricker with a couple of victory, tiger won four times. the cinderella theme never gets old, does it? we have to capture 22 weeks in two minutes. it has been a glorious year. we have loved every minute of it too. a little reflection on this season put together by our man, james johnson. j.j. as we know him. he is going to be leaving cbs sports here in the next few minutes and moving on to pilot a new business. we love him. we are going to miss him. this is going to be his final contribution of many to cbs. i will look back on the year which j.j. and whitney, we wish them a lifetime of happ

who are you going to side with this week?i just am so hard pressed always to find a strangle i really like. one of the things i would say, i think dan's points are valid, the implied move is on the low side, i agree with mike, if i like volatility, i want to pick a direction. at one point i threw out as an alternative to mike's trade, if if you're long the stock, you can consider that put. if you're long the stock and own that put versus owning that call for an up side position. i'm going to have to go with the single option over the double. >> scott, where do you stand? >> you know, i think is interesting. i think mike's idea that you need to take a direction actually makes a lot of sense here because it is so tough for strangles to make money. and let's go with the trend. the trend is higher, bad news for stocks, but they continue to march higher, let's get on board. >> poor dan, poor dan. all right. disagree with stacy or scott? got a question about options, send us an e-mail. the address is optionsaction@cnbc.com. >>> up

these students are in class nine weeks. then they have a break of about three weeks. >>> the fate of the cash for communicate kearse program will be decided as the senate meets for a final week before the summer break. the house of representatives gave the green light to add $2 billion to the basically broke program. the administration will have to suspend the wildly popular rebates unless the senate now goes along with it. >> a judge will rule on who gains permanent custody of michael jackson's three children today. a custody agreement has been reached between jackson's mother katherine and deborah rowe. under the agreement, jackson's mother would be the permanent guardian. rowe would retain her parental rights and get supervised visitation. >>> iran's supreme leader ayatoll ayatollah khamenei will formally endorse mahmoud ahmadinejad today. the opposition maintains ahmadinejad stole the vote from mir hussein mousavi through massive fraud. >> if you think it's costing more to fill up your gas tank these days you're probabl

welcome to this week. this week showed an emotional reunion, with the north korean president and a former president to pull it off. two journalists freed after bill clinton traveled halfway across the world to meet kim jong il. adam brooks reports on the return and the impact the episode might have on the un. >> their plane touched down at dawn. the two journalists had just been rescued from the prospect of 12 years in the korean labor camp. hannah lee, who is 4, had not seen her mother since the arrest at the border. >> we were taken to a location, and when we walked through the doors, we saw standing before us. >> it takes 10 weeks to assure the reunion. >> degree and we all saw on television is a source of happiness not only for the families, but for the entire country. >> the white house wanted this to be seen as a mission of mercy, but it might be more. it winds its way up the chain to the oval office. its nuclear weapons, missiles, and intentions, have been a worrying occupation for the obama adminis

we'll see you again next week on "washington week." good night. gwen: download our weekly podcast and take us with you. it's the "washington week" podcast at washingtonweekonline@pbs.org. >> "washington week" was produced by weta which is solely responsible for its contnt. >> corporate funding for "washington week" is provided by -- >> we know why we're here, to stand behind all who serve. >> to deliver the technologies vital to freedom. >> to help carry hope to those in need. >> around the globe, the people of boeing are working together for what matters most. >> that's why we're here. >> corporate funding for "washington week" is also provided by the national mining association. major funding for "washington week" is provided by the annenberg foundation. the john s. and james l. knight foundation. the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. no

plan last week we were proud to launch "the legacy project" >> last week we were proud to launch theacy project here. you met the dells of westminster, maryland, a family fueled bit desire to build a solid foundation for the future of their operation. this weekend we're headed to illinois to meet another family with that same goal in mind. >> farming in illinois river bottom, one might think that the biggest decision on this rich fertile ground would be corn or beans. but the entrepreneurial spirit also grows here. chester, along with his sons, farms about 4300 acres. the quality of the soils in close proximity to the river has helped the operation thrive over the years. along with that came other success stories, a small construction company and a truck and trailer dealership called chester enterprises. >> well, we started this dealership in 2001, when my older son ryan came back from college. we had been repairing trailers for many years at the farm shop just aacross the road there. as he started having kids, we didn't want the truck traffic in and out by where the kids were playin

we'll watch it week in and week out.xplosion in the up side in the next week, that may be a blowoff period, i'll take a look at that point. to take a short at that point. know within the next 90 points, we've made 50% of the losses within the last six months of the last year and a half. >> all right, greg, thanks so much. remember, of course, pigs get slaughtered. the old adage on wall street. >> actually, hogs. >> hogs, that's right. i knew i missed. >> because i'm a pig. >> i always mix up my swine. >>> time now to head to our prop desk. our traders here on this desk. i can't remember where you were, guy. up bright and early this morning in order to catch a glimpse on their favorite star. she performed on this morning's "today" show. ♪ guy's rocking out here on the "today" show. that's why he's not here. that's you. >> that's what? >> that's a great move. >> of course, everybody was there for research purposes, attempting to see how they could -- >> is that why keith called in sick? >> i think so. you have to get up br

be sure to join us around the table next week on "washington week" the good night. >> "washington week" was produced by weta, which is solely responsible for its content. >> corporate funding for "washington week" is provided by -- boing and the national mining association. major funding is also provided by the annenberg, the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. thank you.

after an active week last week, a nice quiet start. that is this week di onmonday.there mpesureyteatth, are tht o bad. mid-80s as theyed bao g nt ie t. llg ck into the lo80s now. 83 degrees officially downtown. 82 out there. then i'm going to call it a comfortable night. dropping into the 60s in most areas. we don't expect any precipitation. the humidity will go up during the day on tuesday. temperatures, climbing into the upper 80s and low 90s over that stretch. there's a chance for some thunderstorms during the middle of the week as well. we'll talk about that and check the seven-day forecast when e come back in just a few minutes. >> thank you, tony. >>> baby pictures can be found across the internet. coming up, one mother's warning after she found her son's image online. stkphr-frpblgs hout world of nascar is trying to go green. and i'll have that story coming up. >>> welcome back. 14 local post offices are on the list of 1,000 that could be closed to save the postal service some cash. the agency is struggling as fewer people send letters and businesses. now, he

they go to school for nine weeks and then they get a three-week break. so that three-week break has ended here for students at ten schools in fairfax county, including glen forest elementary. so they're going to be heading back to class here today. this program started back in 1996 with timber lane elementary, and then it expanded to ten different schools. so, sorry, kids, you're going to have to get up this morning. back to you all. >> i remember that time. >> we won't -- don't worry, megan. we won't kill the mess even jer. >> reporter: seems tot strange to be talking about it. >> it's coming up even for those in the regular classroom. >> reporter: that is true, too. >> thank you so much. >>> the rest of the fairfax county public schools will open to students on tuesday, september 8th. students in montgomery county will return on school on monday, august 31st. students in prince george's county will return monday, august 24th. students in the district go ba to school august 24th as well. >> turning now to prince george's county, police there are searchi

in the u.s., there were 436 deaths as of two weeks ago. this week, the number had grown to 522. world wide the number of deaths from swine flu has gone up about 50% in the last two weeks from 1,851 to 2,757. >>> for all the concern about the flu, here is something that might put it in perspective, malaria, the mosquito-borne disease, kills more than 1 million people each year. most of them in sub-saharan africa. tonight, we're going to take a closer look at malaria, the toll it takes and what's being done about it. there is new hope. we report from a report from kenya in the town of siaya which is on the front lines of the battle. the story was produced by the international reporting project, shot and edited it by christina macgillivray and by shravan vidyarthi who narrates this report. >> reporter: this is the siaya district hospital in rural western kenya and it serves over 120,000 patients a year. like valerie, most of them are young children seeking treatment for malaria, one of the leading preventible causes of death in the world. >> malaria parasites. we've seen it many ti

we'll assess what comes next week. iraq, will the recent surge in suicide bombings under the obama administration's plans to withdraw american troops by 2011? and will the country even be able to hold together? and the story that just keeps giving. the enormously complicated relationship between bill and clinton. just what got her so angry this week during her trip to africa? >> wait, you want me to tell me what my husband thinks? my husband is not the secretary of state, i am. >>> for more about all of this, we are joined tonight by two of our regulars. gideon rose, the managing editor of "foreign affairs" magazine. and carla robbins, the deputy ge editor of "the new york times." welcome to you both. >> thank you, martin. >> all right, afghanistan pageant let's begin there. the beginning of the week, general mcchrystal delivered a pretty terse kind of assessment of where things were. he said essentially the taliban hold the upper hand. i presume actually he was blatantly honest. but was he too honest? did he go too fa

also, the restaurant week restaurants are extending it next week. restaurant week is two weeks out of the year. that's one in the winter and one for the summer. so some of them are extending and they have add-ons. if you go on to baltimorerestaurantweek.com, you can even look as far as the parking garages and see what garages are adjacent to the restaurants. you can look at the extensions, the add-ons that some restaurants have. some offer a glass of wine with your meal for a couple extra dollars more. there's a lot of restaurants participating this year. >> and the scupper's been there -- where's ed? come on over here, ed. i know you're not miked up, but what the heck. i've known this guy forever. whack right through there. [ laughter ] >> come on over here, ed. >> this guy does not know how to behave, does he? >> march of 1982. >> oh, my goodness. >> about you the this place here, you always say you come back and see us. when you go out, and i know you go out and meet the crowd when you cook. what do you hear from 'em? >> i've heard that in the pa

we have a big refunding announcement next week. next week is obviously a huge week. out two weeks. more auctions. >> nice pop for wells fargo on the week. it was up 5%. >> it was short covering. i wouldn't get too excited about this one. nonperforming assets, we talked about it last week. 45% growth. that does not bode well going forward. >> drop for pfizer. down 3%. >> we got a positive piece in "barrons." eight times forward earnings, trades at a 55% discount. the problem with the argument it is the same argument for the last $15 with pfizer. stay away. >> big pop here for expedia. up 12%. mike? >> i like to see the consumer-type names doing well. mastercard was a little bit of a surprise, but i'm hoping the types of names and what we're seeing isn't just a little blip on the radar. >> and we got a pop here for adrienne's hair center. again, if only pete were here. whoa! no, no, no. we love pete. we love pete. you know if he were here, though, that toupee would be coming off his head. the ft. lauderdale, florida, hair salon has been inspired by the cash for clunkers auto stimulus

not only for today but for the rest of the week. we have a little impulse of energy on a stalled front to our south. it's glenn dubin nice weather week in a 70's at least through wednesday. in the atlantic there is another system that could become erica, it develops. it is still trying to organize. it is 700 miles to the east of the windward islands. jimena will likely affect, and other areas in mexico -- will affect baja and other areas of mexico. the los angeles wildfires are a of control. no help for them in the weather today or tomorrow. for us, no complaints. mostly sunny tomorrow at 76. 78 on wednesday. low 80's on thursday with sunshine. by next weekend we are still only in the low to mid 80's. >> astronauts at the international space station are receiving much anticipated year. discovery pulled up yesterday evening, docking after a chase that lasted two days. the seven members are dropping off thousands of pounds of science experiments and equipment including a treadmill. they lifted off friday after three failed attempts la

it should be up 1.5% next week. >> dan? >> i want to buy cisco next week. the straddle. >> i like the amd call spread. >> go to our website optionsaction.cnbc.com. thanks for watching. see you back here next week.

that will do it today, thanks for joining us this week, my guest next week, pursuit of happiness authorand investor chris gardner starting your own pursuit. hope you'll join us. keep it here where wall street means main street. i'll see you next weekend.

congress continues work on several proposals when it returns next week. in a "washington post" editorial bob dole says mr. obama should make his own reform proposal instead of being the cheerleader in chief for various house bills. >>> in japan a power shift is taking place. voters have backed candidates from the opposition democratic party in parliamentary elections. the party's leader yukio hatoyama is almost certain to be their prime minister and faces series problems including their stalled economy and record high unemployment. >>> here at home georgia investigators say they need help in their investigation of a mass murder. seven people were found dead in a mobile home saturday mornimorning and an eighth died from wounds at the scene. a $25,000 reward is being offered. one man is under arrest for allegedly tampering with evidence but he is not considered a suspect. >>> in northern california investigators plan to spend another day trying to dig up evidence in the case against phillip garrido. he is the man accused of kidnapping and holding jaycee dug

so much so that earlier this week after meeting with iraqi officials, u.s. secretary of defense, robert gates, raised the prospect of accelerating the american withdrawal from the country. currently, there are about 130,000 u.s. forces there. >>> it's also thought that today's attacks will not result in an increased presence by american troops on iraqi streets. at the end of last month, american troops withdraw from major urban areas relocating to base camps. >> caller: i don't see any sign that there is any desire from the iraqi government or from the united states military to have the americans return to the city in any significant way. that could clearly change. but so far we have seen no evidence that anybody is pushing for that. >> for more on today's violence and what it means, we are joined once again by michael wahid hanna, who follows iraq closely who is a fellow with the foundation here in new york. we were just reporting that this is the least deadly month for civilians and for military personnel, the month july. and i'm wondering just the signifi

>> it's unusual to see the s&p higher on the weeks and the vix higher on the week. that happened 14% of the time. or seven times a year. it's very unusual. but what happens after that? and over time, the week following that, the s&p moves sideways but volatility, measured by the vix continues to move higher. it's up about 1.5% over that time period. we're going into august. it's not a time we captain lot of market movement but we might get a little volatility. >> deservedly the case, one of the things i would highlight here is if you take a look at the s&p 500, how high volatility is, implied versus realized over the last 30 days. about half of them are cheap to that number. what do i mean by that? >> despite the relatively high level of volatility on the basis of going back two years or something like that, still a lot of these names are trading. the implied price of the option is still cheap to where they're actually trading. >> a key test a lot of traders are looking toward next week. cisco earnings. john chambers on the earnings call will really drive that stock

the week starts out nice but unsettled. a chance of a shower or two until thursday and then we have a ridge of high pressure building in and we'll have sunshine and dry conditions and you can see the difference in erbolco. msil we >> i oltinoced that. >> sounds >> i'm chris wallace and this is >> i'm chris wallace and this is "fox news sunday." captioning made possible by fox news >> former vice president dick cheney speaks out about the justice department decision to investigate possible cia abuses. why don't you think it's going to stop there? the new administration's fir 7 months. what do you think of barack obama? and his relationship with former president bush. did you feel that he went soft in the second term? dick cheney as you have never seen him before, exclusively on "fox news sunday." then, we'll bring you the latest from that explosive story we reported last week. is the obama administration pushing a death book on our veterans? and how will history judge ted kennedy's life and career. we'll hear from our sunday

we had one week and -- >> only one week? >> and there were four more weeks after that. >> richard, a pleasure to have you. hope you'll come back. >> thanks very much. >> the ceo of imax. >>> coming up next, one of today's most popular trades. why traders are getting defensive in the pits when we go "trading after dark." ♪ ♪ (tucci) only at&t has the best selection of full keyboard phones. like the lg neon, just $29.99 after mail-in rebate. i just want fewer pills and relief that lasts all day. take 2 extra strength tylenol every 4 to 6 hours?!? taking 8 pills a day... and if i take it for 10 days -- that's 80 pills. just 2 aleve can last all day. perfect. choose aleve and you can be taking four times... fewer pills than extra strength tylenol. just 2 aleve have the strength to relieve arthritis pain all day. >>> welcome back to "fast money." we're live in new york city's times square. want to check a check of nvidia. it is rising after hours. it beat the street in turps of its earnings. it raises forecasts for the years. it

back-to-school week all next week at 5:00 p.m.9news now. >>> 9news now is sponsored in part by nissan. gmgm >>> it is time for 9sports with brett haber. the best sports in town. >>> finding a team to play for may turn out to be the easy part for michael vick. now that he has one will be getting the players, fans and people that live in the community to accept him. numerous behind the scenes complications between eagles brass and local officials including the mayor of philadelphia and the city's humane society. there were some protestors today outside the eagles facility while inside michael vick was vowing to make good on his second chance. >> i'm glad coach andy reid and the rest of the organization stepped forward. donovan mcnabb was very instrumental in that. i'm glad i got the opportunity at a second chance. i won't disappoint. >> of course the redskins were clear from the beginning they had no interest in michael vick. now, instead, they get to face him twice a year which means they better start doodling a game plan to stop t

"washington week." thousands of mourners paid respects today to a man who lived the past and looked to the future. >> this november, the torch will be passed again to a new generation of americans. >> ideas and ideals are stamped on scores of laws and millions of lives. gwen: ted kennedy's passing was not unexpected but it leaves a void. on domestic issues like health care. >> my hope is that this will maybe cause people to take a breath, step back and start talking with each other again in more civil tones about what needs to be done. gwen: and on bipartisanship. >> he was never small. and in the process of his doing, he made everybody he worked with bigger. gwen: as massachusetts and the nation mourns, what comes next? in other news, attorney general eric holder goes toe-to-toe with c.i.a. director lee on panetta over detainee interrogations. >> threatening a prisoner with electric drill isn't torture, i'm not sure what is. gwen: how far will the investigation go? and as fed chairman ben bernanke wins

do you not think we'll see a catalyst in the next few weeks? >> and let's look at the names the guys mentioned earlier. walmart, this is an environment where walmart should be hitting the ball out of the park and they had tepid results in the latest earnings cycle. something like exxonmobil. exxonmobil, has, well, oil at $70, exxonmobil would do well at an inflationary market. with the vix coming in at 2% this week, it points to the market is likely to bounce sideways for a while. >> i just want to cut in here. >> mike is going to say -- >> we're at a huge inflexion point in the market. we can't get through this really big resistance level at 1015. the implied volatility has come out of the market. buy yourself some protection. it's there. it's cheap. you know what, it will help you sleep at night. >> i agree with that wholeheartedly. we're not saying the market is going 20% higher but it won't go 20% higher without the participation of some of these names. >> right. >> we're going to need to see some evidence the consumer is part of the recove

of hurricane season. >> yeah, and the peak week is the second week of september, so we'll be ramping up as we get there. let's take a look at the tropics and look at all three. first of all, here is claudette just coming ashore this morning about six hours ago. here is washington, here's florida. it looks like claudette will stay to our west and pass to the west of the appalachians. here is tropical depression ana, just now to the southeast of puerto rico, which is here. and it does look like it's going to continue off to the west/northwest as a weak low pressure system over the next few days. and perhaps bring some more rain to florida. they've needed the rain. but this is the big story now, this is hurricane bill. you you can actually see the eye of the hurricane. bill was born this morning about six hours ago. and bill will continue to track off to the west over the next day or so. it now has winds of over 90 miles an hour with gusts to over 115. it's over 2600 miles southeast of ocean city now. and by the end of the week, looks like bill may intensify, may becoming a category 3 h

tell us about next week. >> next week we'll take a free ride, what one cab driver is doing to relievehe recession in his neck of the highway. that story coming up next week. >> couric: all right. steve hartman, peace. >> peace to you too. >> couric: that is the cbs evening news for tonight. i'm katie couric. thanks for watching. have a great weekend. and jeff glor are be back here tomorrow night. good night. >>> this is "entertainment tonight" in high definition. >>> oprah in tears. maria shriver carrying her mother's casket. >> mommy was our hero. >> inside the funeral of eunice kennedy shriver. >> she fought right up until her very last breath. >> where was ted kennedy as he battled the brain tumor? >>> plus, is this the end of camelot? >>> michael jackson's secret drug meeting? >> the new dr. speaking

it is a busy week this week for housing key indication do on the real-estate market homebuilder's index on monday starts and permits and new housing market look on wednesday and by the end of the week existing home sales and a lot rests on finding some kind of green shoots in the housing market. the state of housing in america has been showing some small signs of stabilization ahead of this week's reports on home contruction and sales. while activity remains a fraction of what it was at the height of the boom 2 or 3 years ago, this summer has seen some indication of a pick-up. start with new construction. in the summer of 2005, new home starts were running at an annual clip of more than two million. just two years later, though, in 2007, new home construction had been cut by a third... and this summer, it's a quarter of what it was four years ago. however, the pace of building has picked up this spring and summer, rising three months in a row. the sales of those new homes also has picked up over the past few months rising two percent from april to may...and almost 11 percent from may to

this week only at giant. you know, it's not the grill that makes a delicious, tender, perfect piece of steak. [ crowd gasps ] it's the steak. enjoy quality selections from the butchers at giant, like top round london broil just $1.99 a pound. this week only at giant. ♪ tell me who's watching. ♪ i always feel like somebody's watching me. ♪ (announcer) it's right here. it's easy. ♪ i always feel like somebody's watching me. ♪ it's the money you could be saving with geico. >> there are renewed questions about how save our credit really is especially after a super hacker was charged this week with stealing 130 million credit card numbers. you may wonder if your number is stolen, will you get your money back? experts say whether it is credit or debit card, consumers are not liable for unauthorized transactions, including those that are the result of hacking. it makes up -- it may take some time and effort to clear your credit record. remain vigilant. do not rely on credit monitoring services. >> it is better to wa

we'll see you again nxt week on "washington week." good night. gwen: download our wekly podcast and take us ith you. it'sthe "wasngton week" podcast at washgtonweekonline@pbs.org. >> "washington week" was pruced by weta which is solely reonsible for its contnt. >> corporate fudingfor "washington ek" is povided by -- >> we know why we' here, to and behind all who serve. >> to deliver thetechnologies vital to fedom. >> to help carryhope to tose in nd. >> around the globe, he people of boeingare woking together for what matters mos >> that's why we're here. >> corpote fundng fr "whington week" is also providedby the national mining association. major fding for "washington we" is provided by the annenberg foundation. the john s nd james . knight undation. the corporation fo public broadcasting. and by cotributions to you pbstation from viewers ike you. thank you. no > for over 4 yrs "washington wee has provided the most intesting political conversationf the week. helloi'm paul anthy along with patrice pasquale ashington week" is the longe runningubli

one in this week. and more importantly, though, and that's for what it's worth, if that hurricane or whatever they want to call it tropical depression two, whatever it is, as long as it doesn't go up the east coast, that -- that keeps that cold -- that doesn't draw that cold air out of canada that would pocket up there when that dissipates. so now they have got it going into mississippi. and probably tomorrow they got it going wherever. >> well, we have been watching the weather closely and if that could come down here we could really be in trouble that cold air. >> yes. >> in someplaces like saskatchewan had 33 degrees or whatnot. >> right. >> but it is not in the united states at this point in time. on the markets friday looks a little different. >> absolutely. friday closes out with kind of a fizzle really of all of that excitement that greg was talking about in the soy bean market. they sold -- they sold it off. and, you know, ultimately if you are a technician and you didn't like what you saw in t

and that's all from this week, the week in which hundreds were feared dead and thousands made homeless when the typhoon hit tie taiwan and southern china. join us again at the same time next week. goodbye. >> funding was made possible by the freeman foundation of new york, stowe, vermont and honolulu, the newman's own foundation, the john d. and catherine t. macarthur foundation and union bank. union bank has put its financial strength to work for a wide range of companies from small businesses to major corporations. what can we do for you? >> i'm jewel julia stiles. >> kevin bacon. >> kim cattrall. >> i'm henry louis gates, jr., and hen public broadcasting is my source for intelligent conversation. >> for election coverage you can count on. >> conversations beyond a sound bite. >> a commitment to journal. >>ism. >> i'm kerry washington. public broadcasting is my source for intelligent connections to my community. cheer clear bbc world news this week was presented by

it lasted exactly one week. the program started a week ago, and now all of a sudden thursday night, everybody's raising red flags, including the dealerships who are on the hook for all these thousands of dollars that's supposed to be reimbursed by the government. they're wondering, is it going to run out of money? lo and behold the congress leaps into action, alex, yesterday passing $2 billion more for the program. they're taking it out of the stimulus. the senate has yet to act, as i said, they're here for another week. in the meantime, you can expect dealerships to be flooded with potential customers this weekend. everybody saying that is good news. almost everybody. a lot of conservative republicans voted against this yesterday. but it did pass overwhelmingly in the houptds, with more than 300 votes. alex? >> okay, mike viqueira at the white house. as always, many thanks. >>> developing right now here in new york, police say a bomb scare at laguardia's airport's main terminal, terminal "c" is now over. a man

we'll see you next week. captions by vitac oh yea, well for 6 months, customers get all three: fios tv, internet and phone for just $79.99 a month. oh, all right, see...

we'll see you next week and next week, electronic readers, growing up with a digital book. the kindle isn't the only one out there. we'll check out to others. have a great week, everybody. we'll see you again next weekend.

breaks after every nine weeks of school. the idea behind the change is to help stundents retain more of what they'veno carrier ringconnect 1200 >>> thank you, bob. >>> a judge in los angeles today decided that the mother of michael jackson will be the permanent guardian of his children. katherine jackson and the king of pop's ex-wife struck a deal last week that calls for jackson to receive full custody of the three kids. both katherine jackson and the singer's former manager were seen entering the courthouse this morning. the judge approved a monthly financial allowance for both the kids and the mother. it will be paid out by the pop star's estate. >>> stay right there. we're just getting started on "news4 at 5" tonight. a key vote today on a plan to expand a controversial saudi school in northern virginia. >>> an investigation under way after officials notice several bus stop shelters vandalized. >>> a woman escapes a fiery situation after a large explosion reduces her house to rubble. >>> and news that kids are getting en

going to be a busy week.e'll start it off here. >> look forward to seeing it. >> we're not quite down yet. we'll look at the trading day ahead on wall street when we come back after the break. >>> the head sales trader at world spreads, joining us for a look at trading ahead. today we'll get pmi. we're going to get auto sales. we've got great pmi out of china and out of the euro zone. we're seeing as a result ail heading to a new high, back above 70. are people a little too heady about the economic recovery here? >> yeah. there's a lot of optimistic, which i'm usually surprised at, certainly today. last month we saw strong gains. i've been very cautious about volumes have been so low. in july, i think any institutions watching the market for slightly higher get that opportunity in july. i've got it forecasted for august, 1.5 to 2% lower by the end of the month. oil going back up to the highs of 75. squeeze potential to the up side of 75. no greater than that. there isn't any true fundamental reason why the co

not so hot compared to earlier this week. monday, we were 97. >> i kind of forget that. >> lot ever us did. we are going to be another warm day today, no doubt. but it's not going to be crazy hot like it was earlier in the week. temperatures only one or two degrees above average. and our average high temperature this time of year, around 87 degrees. outside right now, the sky is mostly clear out there. bu we seeing a little patchy fog in some of the rural areas. as we go outside this morning, a live picture of the beautiful tomac river as it winds its way through the city of washington, mostly clear sky overhead this morning. our current temperature stands at 72 degrees. a light southwesterly wind. the light winds and clear skies is the reason we have a little bit of fog out there this morning. and man, has it been dry. the summer solstice, back in mid june, only seven days since june 21st have we had more than a .1 inch of rain. so we could use the rain showers. around the rest of the east now, mostly 60s and 70s. plenty of

those are the stories that get covered week after week to the exclusion of other important and worthy stories. >> fox bought this footage from another company that bought it from radar online. and they said we'll give the kids six figures, probably to avoid criticism that they're getting nothing out of it given how irresponsibly she acted having these 14 kids k television rehabilitate nadya suleman. >> i highly doubt it i think she's hoping this will, in many ways, lead to something bigger. people see her as a villain. she's not a likable character. i think fox is banking on that that's why they didn't give her a full reality series. they are testing the waters with this show and seeing if she does draw ratings, they may give her a full show. >> could be more. >> could be more. >> one more topic, the national enquirer reporting that john edwards has taken a dna test that proeves he is the father o hunter's baby girl. does the media deserve respect for being consistently right on these stories. >> they generally are right on stories about politicians. john edwards was a candidate for p

please stay with us. -0-0-0-0-0- i spent much of this week speaking to >> farm report guests th week.entlemen, the top producer crop tour, whatever they got done, they said that crops are late maturing this year. that's not unusual, particularly in the eastern corn belt. because it's late being put out too. but has that -- that information been priced into the prices because they're at 320, 40, 50. >> i think it certainly has had a factor in supporting the market and farmers aren't selling anything. the bean crop is really late. human nature of market is people believe whatever it is they want to believe. if you want to be bullish corn, you're going to believe it's a late frost. what came out of that tour is we would have record yields. if you want to be bearish, you believe the record yields. start a good debate. >> i'm going to ask you about soy beans. corn is not as good in the eastern belt as the western belt. >> i think one thing that you will find in corn this year is that folks will tell you that genetically we should be looking at a 7-bushel per acre increase every year for th

then we'll slip back into the lower 80s by the end of the week. a good chance of rain tries to build in by late friday through saturday and sunday. >>> let's check the roads with kim, 6:24. >> thank you. traffic is moving along nicely on both loops of the beltway and tunnels as we check at the west side of the outer loop, just building volume as you make your way down towards the route 70 interchange. however, if you're headed downtown, saratoga street is a bit of a headache because of the watermain break. it's closed in both directions at mlk and greene street. so try using pane avenue as the alternate -- pennsylvania avenue. in hanover, route 100 to the bw parkway, that crash is on the right. and glen arm road and manor road, all lanes blocked because of the downed tree in the road. jfx at north avenue, traffic looks good. no problems to let you know about. looking for a business you know you can trust? let your better business bureau do the work for you. go to abc2news.com/bbb. back to you. i apologize. >> no. that's not enough. i want a commit

tonight, on "washington week." gwen: the questions are coming fast and furious... >> why are we inviting 15 million illegal alie-invaders, who broke federal law, into our health care system? >> why do you continue to support a nazi policy as obama has expressly supported the policy, why are you supporting it?" >> on what planet do you spend most of your time? gwen: but who do you trust to give you the answers...? the president is trying... >> we're going to have to cut through a lot of nonsense out there, a lot of absurd claims that have been made about health insurance reform. gwen: but is it too little too late? >> call your senator. stop the government takeover of health care. gwen: we asked for your questions and hundreds of you responded. tonight's answers come from the reporters who have been covering the story... ceci connolly of "the washington post"... peter baker of "the new york times"... naftali bendavid of "the wall street journal"... and jeanne cummings of politico. >> celebrating 40 years of journali

that's good. >> lath week alone they added more than 5,000 new members.ay when the mail came. >> it's nice to see that someone still thinks we senior citizens are not idiots. >> reporter: letters were filled with cut up aarp cards. >> i think that probably the seniors are most up set about the cutings in medicare. >> the american senior's association is flat-out against president obama's plan which cost $313 billion in medicare cuts over 10 years. the aarp is widely viewed as supporting the president. >> we have the aarp on board because they know this a good deal for our seniors. rted the aarp called the president's statements inaccurate saying it hasn't endorsed any plan or bill. some were left with the feeling that aarp was waffling. >> i feel that they are supporting it through the back door and telling their members if they are not through the front door. >> there has been some confusion as to whether aarp is supporting or endorsing the president's plan or not. which is it? >> aarp has not endorsed any plan at this point. >> reporter: yet the aarp co

if that builds, we may be looking at a hot week, a very hot, humid week next week.ot this week until late in the week. look how much of the country is cloud-free. there's a ripple in the atmosphere with showers and also those showers down into florida. but as we go through tonight, i think we'll see skies clear out. clouds will dissipate. that area of high pressure we've had moves off. today we get into southwesterly winds. can't rule out that there might be a pop-up variety shower or thunder showers, especially where we get a little bit of that convergence out toward the eastern shore. and then as we get into wednesday, a little weak weather front will begin coming our way. that will set the stage for wednesday being the day late on wednesday of some showers, thunder showers. tomorrow there's a slight risk of some severe thunderstorms well to our west. and i think there's a risk of seeing 90s tomorrow for the first time in august. low 90s tomorrow. in the meantime, this evening, very pleasant. 80 to 85 degrees. clouds throughout will grad well dissipate. got an alm

thousands more were without schedules for the first week of classes last week. the county school superintendent called the mishap inexcusable. he blames a computer problem for these delays. >> as students at george washington universithead back to school this morning, they're being warned about a spike in violent crime in the neighborhood. there have bee i mesn rnheribe may.nc thet msiosec hen rnapt mpe weekend at 21st and l street, just blocks from the campus. police say some have involved large groups of people attacking people in the streets and some of those victims have been gw students. >> people in the second district who are in charge of foggy bottom and they've assured me that they will step up patrols and certainly have more undercover officers in the neighborhood, particularly with school starting now. >> something i think about, something in the movies but not necessarily real life, even though it is, if that makes sense. so, i mean, i guess it's sort of eye-opening. >> police are remining students to always travel in pairs or groups, especially at n

the nasdaq composite holding above the 2000 market for the first time since october this week we have big news on the job market not only the private aid the employment number in the government figures are reported on friday. despite the market's rally if it is significant since march report to show the numbers later in the program and lot of skepticism be invoiced for the professional community about the likelihood of this rally continuing through the six month in august. millions of consumers in several states will get an extra break in august thanks to sales tax holidays... and it can add up to lots of savings.. especially on top of sales that are already going on at stores. the sales tax breaks vary from state to state but they generally cover clothing, footwear and accessories less than 100 dollars.. plus computers and school supplies. 8 states hold their sales tax holidays this coming weekend.... which means consumers will not have to pay for sales tax on certain purchases... saving anywhere from 4 to 10% several other states are holding their sales tax holidays on other days in